Mixed Economic News From US Commerce Shake markets
The past week featured Secretary of Commerce Maurice Stans resigning to work on Nixon's reelection bid. Peter G. Peterson was named successor with Peter Flanagan to run the International Economic Policy Council. The budget projects a $25.5 billion 1973 deficit. 1972 deficit estimated at $38.8 billion. Major earnings rose for US Steel and Bethlehem Steel. other majors saw varied results. Productivity jumped 3.6 percent in 1971, with labor costs remaining flat. Durable goods orders fell 1.7 percent in December. 1971 marked the first US trade deficit since 1888.
MENTIONED IN THIS ARTICLE
New York
Maurice Stans
Nixon
Stans
Commerce
Peter G. Peterson
Peter Flanagan
Peterson
Council of International Economic Policy
Congress
U.S. Steel Corp
Bethlehem Steel Corp
US Steel
Bethlehem Steel
Gulf Oil Corp
Getty Oil
Cities Service Co
Standard Oil Co
California
Indiana
Labor Department
Commerce Department
United States
Executive Institute Seminar for Area Leaders
Greensboro area business leaders will attend the fifth annual Executive Institute February 16 and 17 at UNC Greensboro. Sessions cover finance, research and development, union relations, budgeting, organization, venture capital, staff utilization, and productivity with panels led by industry leaders.
MENTIONED IN THIS ARTICLE
Greensboro
Executive Institute
University of North Carolina At Greensboro
Charles A. McLendon
Burlington Industries Inc
William Pickens
Greensboro National Bank
R. J. McCrory
Gilbarco Inc
Stock Averages End Week Lower After Mixed Trading
The AP average of 60 stocks closed at 331.2, down .1 from last Friday while the Dow Jones industrial average finished at 906.38, down 1.06 from the prior week. Gains in the last two days offset earlier declines as trading week ends.
MENTIONED IN THIS ARTICLE
Dow Jones
German Affairs Institute Slated at Wake Forest
Wake Forest University offers a summer program the Institute for German Affairs from June 5 to July 17. Four weeks of language and regional study on campus precede two weeks of travel in West Germany and Berlin with meetings alongside political, business and labor groups.
MENTIONED IN THIS ARTICLE
Winston-Salem
Wake Forest University
Germany
Institute For
Wake Forest
West Germany
Berlin
Ralph S. Fraser
Fraser
Johnson-Dix on-Wood Real Estate Firm Formed
Odell Johnson Inc merges principals creating Johnson-Dix on-Wood Inc with Jay Wood and Charles Dixon joining Johnson. Johnson brings 14 years in industrial commercial property management and apprising. Dixon, a High Pointer native, recently completed the Realtors Institute at UNC and lives with his family at 3216 Rolling Rd. Wood formerly with Mabe & Co Realtors joins Dixon. they reside at 2205 Meadowlark Rd with spouses and two children.
MENTIONED IN THIS ARTICLE
Odell Johnson, Inc
Johnson - Dixon-Wood, Inc
Jay Wood
Charles Dixon
Johnson
Dixon
Smithdeal Realtors
Realtors Institute
University of North Carolina
Rolling Rd
Wood
Mabe & Co. Realtors
Jamestown
Rebecca Hutchen
Meadowlark Road
Public accountant Mullarkey to headline Greensboro CPA meeting
John F. Mullarkey, CPA and AICPA research associate, will appear for the Piedmont Chapter of the North Carolina Association of Certified Public Accountants on February 8. He directs a skit The Best Defense is a Good Audit to highlight auditing problems in computer based systems. The event at the Ramada Inn in Greensboro begins at 6 p.m.
MENTIONED IN THIS ARTICLE
John F. Mullarkey
Certified Public Accountant
American Institue of Certified Public Accountants
New York City
Piedmont
North Carolina Association of Certified Public Accountants
Mullarkey
Saint John’s University
American Institute of Certified Public Accountants
Ramada Inn
Greensboro
Piedmont Gas Plans 14.6 Million Budget With LNG Plant
Piedmont Natural Gas Co. approves a 14.6645 million dollar budget for 1971 72 including 6 million for an LNG storage plant in Charlotte. The plan also allocates 390200 for the High Point District. Board chairman Buel G. Duncan cites 1971 records in net income earnings per share revenues and gas sales and notes 3.76411 million balance for common stock. Bill Sykes joins Mabe & Co. Realtors in High Point after schooling and real estate training.
MENTIONED IN THIS ARTICLE
Piedmont Natural Gas Co
High Point
Piedmont
Charlotte
Buel G. Duncan
Duncan
AMS Meeting Set at Sheraton with Malcolm Murray Speaker
The High Point Chapter of the Administrative Management Society meets Wednesday February 2 at 6 p.m. at the Sheraton Hotel. Malcolm Murray senior commercial loan administration officer of Greensboro will speak. Al Ghosn of Old Dominion Freight Lines chairs. Wes Gaynor of High Point College is the member speaker.
MENTIONED IN THIS ARTICLE
High Point
The
Administrative Management Society
Sheraton Hotel
Malcolm Murray
of Greensboro
Murray
Davidson College
First Union
al Ghosn
Old Dominion Freight Lines
Wes Gaynor
High Point College
Also Mentioned on This Page
Piedmont Triad
North Carolina
Alumnae House
UNCG
James S. Ferguson
David Shelton
School of Business and Economics
Ted Sumner
Greensboro Chamber of Commerce
William Watson
Stedman Corporation
Asheboro
New Solutions
Fred Birdsong
Blue Bell Inc
Mark Roberts
Department of Research, Afl-Cio
Washington, D. C
Arthur Svenson
Burlington Industries
Stanley Jones
Institute
Unc-G Extension Division
Unc-G
University
Dr. Svenson
German Affairs Institute Slated
Ed Lyon, Jr
C.la
Integon
Robert McCuiston
C.S.A
South Main Street
Qintegon Financial Services
Ray Hubbard
Piedmont Gas
Sykes
Bill Sykes
University of North Carolina At Chapel Hill
Guilford Technical Institute
Associated Press
NASD
Equitable Leas
First Provident
Georgia
Conner Homes
el Paso
Buren
N.Y
the Steak House
S. Main Street
Highland Motors Inc
N. Main St
N.C
Olds
Cadillac
AMS Meeting
George P. Clark
Hayden Place
College Village
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